Show & Tell Magazine

Show-and-Tell-02-22

Issue link: https://iconnect007.uberflip.com/i/1454922

Contents of this Issue

Navigation

Page 126 of 183

REAL TIME WITH... IPC APEX EXPO 2022 SHOW & TELL MAGAZINE I I-CONNECT007 127 Nevertheless, there are many opportunities. Worldwide, there is an increasing demand for durable goods, including electronic devices, and there is an increasing proportion of elec- tronics in almost everything. Digital transfor- mation can be seen in most sectors of the econ- omy, especially telehealth technology and real- time telemedicine, which has been accelerated by the pandemic. ere have been enormous advances in electronics in the automotive sec- tor and its related infrastructure. Solid growth is predicted and now is the time to put in place the tools and the people needed for the indus- try to thrive in years to come, a collective drive toward the Factory of the Future. Mitchell was confident that electronics man- ufacturers are ready to meet future demands with grit, ingenuity, and determination. But succeeding in the electronics industry is never easy. Companies cannot rest on their laurels; competition is too tough, and the pace of inno- vation is too fast. He was enormously impressed with the pow- erfully creative ways in which young people are using technology. at spirit is necessary now more than ever because the industry is chang- ing faster than ever. Industry similarly needs to embrace change with purpose and passion, or risk being le behind. He included an analogy of riding a bicycle at increasing speed along a road that has become progressively more peril- ous. A modest incline aer a sharp climb could be perceived as a "false flat," and what might have been seen as an opportunity to relax a lit- tle actually presented a further challenge that could sap physical and emotional energy. Companies could find themselves in a "false flat" situation, in the mistaken belief that "the future is tomorrow" instead of realising that "the future is now." e traditional practice of sitting back and waiting for larger organisa- tions to chart the future and invest in the paths to new technology is no longer appropriate; it could easily result in being le behind with out- dated skills and superseded technology. "Com- panies that expect to lead tomorrow must not only deliver the goods promised tomorrow, but also be planning and preparing to meet the

Articles in this issue

view archives of Show & Tell Magazine - Show-and-Tell-02-22